£572,251
This estimated value is based upon the latest sale price for the house of £332,000 on 8 Dec 2011. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £332,000 | 8 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 971 sq feet |
This model uses changes in the Official Land Registry House Price Index for WORCESTERSHIRE to estimate the market value.
When this house was purchased in December 2011 the House Price Index for WORCESTERSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £332,000 results in an estimated price of approximately £572,251.
| 8 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £332,000 | £240,251 | £572,251 |
The Postcode Pricing Model uses changes in average sales price within the DY12 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -30.161 % | £-100,133 | £231,866 |
| 3 Month Average | 18.414 % | £61,134 | £393,134 |
| 6 Month Average | 43.060 % | £142,958 | £474,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £877,678 | £870,000 | OAKHOUSE ST JOHNS LANE |
| 28 Jul 2023 | £638,595 | £630,000 | 19 PARK DINGLE |
| 17 Jan 2023 | £945,546 | £950,000 | SPINNEY WOOD LONG BANK |
| 15 Dec 2021 | £471,406 | £440,000 | STRAWBERRY FIELD BARN CLEOBURY ROAD |
| 26 Nov 2021 | £713,799 | £660,000 | UNIT 3A BEWDLEY BUSINESS PARK |
This house has a floor area of 90 sq meters or 971 sq feet when measured on 23 May 2011. Using an estimated price of £572,252 means this house is valued at £6,337 per sq meter (£588 per sq foot).
The average size of a house on LONGBANK is 195 sq meters (2,101 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Long Bank |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Lane |
| Feb 2024 | Burglary | Under investigation | On or near Shopping Area |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cleobury Road |
| Feb 2024 | Drugs | Under investigation | On or near Cleobury Road |